RIYADH: The Public Investment Fund-owned ACWA Power Co. has secured a SR3 billion ($800 million) deal to develop and construct a 600,000 cubic meter per day plant in Shuaibah governorate. The project is part of the conversion of the existing Shuaibah 3 IWPP plant into a seawater reverse osmosis plant, the utility firm said in a bourse filing. The 25-year agreement was signed
RIYADH: Saudi Arabia has prequalified 17 companies from 34 firms that expressed interest to bid for the contract to develop the Kingdom's first independent strategic water reservoir project, ISWR, in Makkah, MEED reported. The project owner Saudi Water Partnership Co. is expected to issue the request for proposals to these 17 qualified companies by mid-year, the report stated.
RIYADH: Dubai’s property developer Damac expands footprint into the US with a major Miami-based project. Oman’s OQ is set to launch two new strategic reserves facilities in the sultanate. In addition, the Saudi Water Partnership Co. has invited bids from several firms for the development of Makkah-based independent strategic water reservoirs. Meanwhile, Zain Bahrain has
An Acciona-led consortium reached simultaneous financial close on a fleet of wastewater projects, the second such batch of ISTPs to have been procured by Saudi Water Partnership Company
RIYADH: Saudi developer, investor, co-owner and operator of a portfolio of generation and desalinated water production plants, ACWA Power, is celebrating the world’s largest reverse osmosis desalination plant, according to a statement. Also referred to as the Rabigh 3 IWP, it is also the largest plant of its size in the private sector with a 100 percent Saudi workforce. The